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Wu Blockchain·2025-10-12 01:24

《Opinion: Is this crash an attack on Binance and a certain market maker?》(Author | Forgiven)The article suggests the October 11 crash may have been a planned attack on Binance, exploiting flaws in its Unified Account margin system that used volatile assets like USDE, wBETH, and BnSOL as collateral. Their sharp depegging triggered massive liquidations and losses estimated at $500M–$1B. The timing—between Binance’s oracle update announcement and implementation—implies coordination. Analysts compared the event ...